Connacht Tribune
Galway start-up’s €3m investment
Galway-headquartered sports performance and data science company Orreco will scale its operations in Ireland, the United States and UK following a €3 million investment round led by Silicon Valley-based venture firm True Ventures.
The new investment will enable the Galway company to expand its product, engineering, data science and commercial teams, in addition to accelerating the development of its elite performance solutions, @thlete and FitrWoman.
Up to 30 new hires will be made across the company’s offices in Ireland, the UK, and the U.S., specifically Galway and Los Angeles where Orreco operates a performance centre. The company currently employs 30 people.
Its performance centres provide sports science and data solutions for professional sports teams and athletes including the US basketball NBA sides the Dallas Mavericks and Atlanta Hawks, NBA Champion and All-Star Pascal Siakam, English Premier League side Newcastle United and WSL club Chelsea FC Women, USA Swimming, and the Wasserman Sports Agency (Los Angeles).
Top golfers Padraig Harrington and Graeme McDowell became investors after experiencing the benefits of Orreco’s services first-hand.
For more, read this week’s Connacht Tribune.
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